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Sold on 15 Dec 2023 for $297,500

20/69 Bay Road
Mount Gambier SA 5290

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 161m2
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Property Details for 20/69 Bay Rd, Mount Gambier

20/69 Bay Rd, Mount Gambier is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 161m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Mount Gambier in the last 12 months.

Building Type
Unit
Year Built
1975
Land Size
161m2
Local Government
Mount Gambier
Lot/Plan
U3/S1223

Last Listing description (December 2023)

Nestled in the heart of Mount Gambier, is this neat and tidy 1970s brick unit positioned in the sought-after Hedley Court complex, within close proximity to Mount Gambier's city centre, the newly constructed Wulanda Recreation Centre and the scenic Railway Lands walking trail.

Inside, you'll find an updated living room with electric reverse cycle air conditioner. This adjoins the original kitchen with updated electric stove, ample cupboard and bench space with the sink having views of the back garden.

At the rear of the unit a neat and tidy bathroom with an adjacent laundry area is well maintained. It features shower, a separate bath, vanity plus separate toilet. The laundry area has a built-in wash trough and an exterior door for easy access to the rear yard.

The property includes two bedrooms each offering built in wardrobes and good quality window furnishings.

Stepping outside, you'll discover an private rear garden which is securely fenced. A single carport provides under cover vehicle parking along with a lock up storage area for garden tools and equipment.

This well located unit is perfect for couples, singles or retirees seeking a downsized lifestyle with easy accessibility to shopping facilities or an investor looking for a low-maintenance rental property in a well maintained complex.

Currently tenanted at $220.00 per week until March 2024 to a good long term tenant.

Extra Information:
Council Rates / $1,331.93 p/a
SA Water Supply Charge / $74.20 p/qtr
SA Water Sewer Supply Charge / $79.50 p/qtr
Emergency Services Levy / $79.00 p/a
Body Corporate Fees / $700.00 p/a
Independent Rental Appraisal / $265-$275 p/wk
Build Year / 1975
Land Size / 161m2
Council / City of Mount Gambier
Zoning / Established Neighbourhood

Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.

Property History for 20/69 Bay Rd, Mount Gambier, SA 5290

A timeline of how this property has performed in the market
Last Sold
$297,500
15 Dec 2023
Listed for Rent
$185/w
22 Feb 2014
  • 11 Jan 2024
    Sold for $297,500
  • 08 Nov 2023
    Listed for Sale $290,000-$310,000
  • 15 Feb 2014
    Listed for Rent - Price not available
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About Mount Gambier 5290

The size of Mount Gambier is approximately 26.8 square kilometres. It has 114 parks covering nearly 24% of total area. The population of Mount Gambier in 2011 was 24,905 people. By 2016 the population was 25,511 showing a population growth of 2.4% in the area during that time. The predominant age group in Mount Gambier is 0-9 years. Households in Mount Gambier are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Gambier work in a trades occupation. In 2011, 61.7% of the homes in Mount Gambier were owner-occupied compared with 61.3% in 2016.

Mount Gambier has 13,862 properties. Over the last 5 years, Houses in Mount Gambier have seen a 97.34% increase in median value, while Units have seen a 89.37% increase. As at 31 October 2024:

  • The median value for Houses in Mount Gambier is $456,548 while the median value for Units is $332,955.
  • Houses have a median rent of $430 while Units have a median rent of $305.
There are currently 101 properties listed for sale, and 55 properties listed for rent in Mount gambier on OnTheHouse. According to CoreLogic's data, 680 properties were sold in the past 12 months in Mount gambier.

Suburb Insights for Mount Gambier 5290

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Gail Richards
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Key 2 Sale
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.